TWO News and Press, Two Harbors Investment Corp From 08/04/22

The following slide deck was published by Two Harbors Investment Corp. in conjunction with their 2022 Q2 earnings call. For further details see: Two Harbors Investment Corp. 2022 Q2 - Results - Earnings Call Presentation

Two Harbors Investment ( NYSE: TWO ) Q2 earnings exceeded the consensus estimate as its total portfolio grew and its net spread widened. Separately, the company announced on Wednesday an agreement to acquire Roundpoint Mortgage Servicing to self-service mortgage servicing ri...

Two Harbors Investment ( NYSE: TWO ) agreed to acquire RoundPoint Mortgage Servicing from Freedom Mortgage Corp. in a transaction that TWO expects will add about $20M to its annual pretax earnings after the company transfers its mortgage servicing rights to RoundPoint, the...

Two Harbors Investment ( NYSE: TWO ) said Wednesday its unit Matrix Financial Services will acquire RoundPoint Mortgage Servicing from Freedom Mortgage. On closing, Matrix will pay a prelim. purchase price equal to RoundPoint's tangible net book value, plus a premium of $1...

Two Harbors Investment press release ( NYSE: TWO ): Q2 Non-GAAP EPS of $0.22 beats by $0.03 . Reported book value of $5.10 per common share, representing a (4.7)% quarterly return on book value For further details see: Two Harbors Investment Non-GAAP EPS of $...

Continued Spread Widening Impacted Book Value but Results in Attractive Opportunities Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust (REIT), today announced its financial results for the quarter ended June 30, 2022. Qu...

Two Harbors Investment Corp . (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced that Matrix Financial Services Corporation, a wholly owned subsidiary (“Matrix”), has entered into a definitive stock purchase agreement to acquire Rou...

Mortgage REITs ripped over the last 45 days. There are several stocks investors should be dumping into strength. I’ll share 3 of them here. Each trades at a premium to our current estimated book value. It’s prime time for them to be issuing new shares. Even as I ...

We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds were supported by a continued rally in stocks and Treasuries. It can make sense for some mREITs to redeem their sub-$25 preferr...

The only asset to generate safe stable income may be high-quality short-term bonds. To maximize income, use a separately managed account (SMA) of short duration MBS, managed by a small manager. You can target a 4.00% yield with a mortgage-backed securities (MBS) SMA. Way more income t...